Member Info for billybigwig

Scoop :-)))

Yanks took a bit of profit before close they'll buy back in they would of been airing on caution over the holiday we should have a good rise now trade deal is getting signed on 15th so we will have a market build up to that

So we could have a good few days of rises possibly BP back to £5 glencore high 2.40s low 2.50s hmmm

Scoop I didn't eat much at Christmas ive not really overdone it at all even tbe booze I've restricted just one bottle in tbe day and 2 at night I fi love a bottle of whiskey ;-) ...

Good ffs! :-))

Well a food start to the new year

Highly valued miners that of course means rio Tinto and the likes not glencore its dropped over last 12 months of course theres room for a rise well fuqing Der!..genius!

Ed Clowes
2020 tip: Glencore
Last year was a good one for the miners. Anglo American and Rio Tinto rose around a quarter, for example. But while their share prices performed well, the outlook for iron ore and copper - which the pair heavily rely on - is pretty gloomy.

As a result, 2020 could be a tough year for the already-highly valued miners.

That doesn’t mean there’s no good business to be done, however.

Glencore looks particularly attractive. Of course it has its downsides. There’s a slew of court cases heading towards the Switzerland-based commodities giant, with the Serious Fraud Office most recently opening a probe.

The company is problematic from an ESG (environmental, social and governance) point of view: it has a heavy exposure to polluting coal; a chief executive, Ivan Glasenberg, who is also the second biggest shareholder; and it has a big footprint in poor and developing countries such as the DRC.

A stacker-reclaimer operates next to stockpiles of coal
Miner Glencore is placed for recovery after a lacklustre year CREDIT: BLOOMBERG
But consider this: Glencore’s commodity mix - which also includes zinc and cobalt - may very well benefit the company in 2020. HSBC describes it as a “positive differentiator”.

Glencore, which has had a lacklustre year, falling 19pc, has great headroom for recovery. Furthermore, the miner has a growing earnings profile, promising strong near-term yields.

Happy new year ken and everyone on this board hope it brings you wealth and happiness

Sennem cove absolutely lovely place

Withoutt.of course is there any other :-) and with craig itll be summat but definitely not cream :-(

Cream heh? What kind ? Rum flavour..brandy flavour

Well coppers flying too so pretty soon glenda should jump up possibly in a big chunk

Come on ftse 8000 :-)) take glenda with you

Around £3.8billion has been ploughed into stocks funds after the Prime Minister’s landslide win – the biggest influx of cash for more than four years. Experts welcomed the surge in confidence as a huge help for savers and small investors and raised the prospect of “large increases in the value of pension savings across the board in the coming months and years”. Former pensions minister Baroness Altmann said: “This is great news for pensions. The result of the election has been a breath of fresh air for the market, encouraging people to invest in UK stocks. .....https://www.express.co.uk/news/politics/1222177/uk-pension-savings-retirement-boris-johnson-general-election-stock-market-boom

Think they read my post scoop

Yeah ken it buck the trend sooner or later

Same with me scoop only I did it at 45 years old ...I'd totally had enough

Are you retired scoop?

If the yanks keep this higher highs on their markets up for a couple of months more and trump makes some real progress on trade talks we could see ftse very close to that 8000 an all time high for us plus a bit of stab6to markets for a good while too let's see if trump blows it